Grilled Technology

Technology sector is getting beaten up starting this week , the NASADAQ index is down 2% , the technology sector ETF XLK is down 2%

Leading FANG stocks are grilled

F- Facebook – This week down 8%

A- Amazon – This week down -2 %

N – Netflix – This week down around 6%

G – Google – This week down around 3%

Momentum stock Micron down by 14%.

Every technology stocks are grilled this week, when the heat is off start eating it !

Yes, this is good opportunity to add technology stocks or ETF.

Historically in last 20 years , technology sectors are the best performers than the standard index funds. They have outperformed index funds by 100% in last 10 years. ( last 5 years of S&P 500 is 70% , but XLK technology fund is 130% returns )

The technology funds have the annualized return of 15%.

Technology is still in stone age days now , still has several hundred years to get mature level.